Record Foreign Investments
Boost Japan’s Hotel Sector
Foreign investors are increasingly acquiring Japanese hotels
due to the nation’s recovering tourism industry, weak currency,
and low interest rates. In the past 12 months, overseas buyers accounted
for 47% of the ¥494.3 billion ($3.7 billion) invested in hotel deals,
the highest proportion since 2014. Factors such as low rates, the weak yen,
and market stability have made Japanese real estate attractive
to global investors amid economic uncertainty.
As Japan eased pandemic-related border controls,
foreign and domestic tourist demand has increased.
Notable hotel transactions include BentallGreenOak’s acquisition of the Rihga Royal Hotel
in Osaka and Singaporean wealth fund GIC’s purchase of hospitality assets from Seibu Holdings.
Source:https://www.japantimes.co.jp/news/2023/04/18/business/economy-business/japan-hotels-overseas-investment/
Toshihiko Yamamoto
Real estate investing consultant and author.
Founder of Yamamoto Property Advisory in Tokyo.
International property Investment consultant and licensed
real estate broker (Japan).
He serves the foreign companies and individuals to buy and sell
the real estates in Japan as well as own homes.
He holds a Bachelor’s degree in Economics from
Osaka Prefecture University in Japan
and an MBA from Bond University in Australia
Toshihiko’s book, “The Savvy Foreign Investor’s Guide to Japanese Properties: How to Expertly Buy, Manage and Sell Real Estate in Japan” is now out on Amazon, iBooks (iTunes, Apple) and Google Play.
About the book
Amazon.com Link